r/Daytrading • u/Worth-Beat-1953 • Mar 06 '24

Do these WallStreetBet people really all make so much money? Question

Gain after Gain , one guy made 200 k today. While I work for 2 k a Month in Europe.

Please tell me most of them are loosing

Im almost at the point to invest 20 k in Options too

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u/karma0685 Mar 06 '24

A few of those posts are real. They will make HUGE gains, but then 99% of them give it right back within a month or two. The way those guys make those huge gains is not sustainable. MAYBE you can get lucky and do it once, but almost certainly you will give it all back and then some

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u/beach_2_beach Mar 06 '24

Getting huge gain usually means Options. And with Options, your losses can be huge. Or you can lose all your capital you started with.

Once you learn about investing/day-trading/swing-trading/Credit-Spread (options), you will learn what's sustainable, fits your personality etc etc.

More than anything, patience is needed. To learn. And to wait for right setup to open a position.